Stock Shopping for a Yellen Fed

Janet Yellen offered some insight into her thoughts on Capitol Hill today. Her elevation to chair of the Federal Reserve is inevitable, and in terms of philosophical continuity, she was the logical choice to succeed Ben Bernanke and oversee the Fed's quantitative-easing program.

Today she spoke glowingly of Bernanke, describing him as "wise and skillful." She spoke of the benefits of quantitative easing, describing its impact as "meaningful." She gave every indication that she'll continue the Fed's current accommodative policies. As I watched Yellen today, I began to believe that any tapering of the Fed's bond-buying program may be further in the distance than many of us suspect....331 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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